Tunisia » Taxes

Property Tax	Transfer Tax	Capital Gains Tax

Property Tax

Tunisian property owners have to pay the annual real estate tax. The tax is charged at 2% on the evaluated square meter value of the property.

Capital Gains Tax

Earnings from property gains are taxable in Tunisia. Individuals are taxed on capital gains at the progressive income tax rates. The taxable gain is the difference between the real or assessed transfer price, and the original acquisition price, plus 10% of that price for each year of ownership, plus justifiable improvement expenses.

VAT

The standard rate of Tunisian VAT is 6%, 10% and 18%.

Inheritance tax

Inheritance tax differs according to the relation with the deceased. It is 5% between couples and siblings, 25% for first and second degree cousins and 35% for unrelated individuals.

Transfer Tax

The transfer tax in Tunisia is 5% of property value  + 1% of property value (registration fee)

Rental Income Tax

Rental tax in Tunisia is charged on the  annual income of a apartment/property under certain contitions that includes that the property should be directly owned bu husband and wife, the owners should be foreigners, there should not be any loan on the property and if they have gross rental income of /US$1,500/month.